[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
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Credit Rating
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Update Notification Flag
Evet (Yes)
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Correction Notification Flag
Hayır (No)
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Date Of The Previous Notification About The Same Subject
18.04.2019
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Postponed Notification Flag
Hayır (No)
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Announcement Content
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Explanations
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As a result of the downgrade of Turkey's sovereign rating from "BB" to "BB-" with "negative" outlook on 12 July 2019, international credit rating agency Fitch Ratings has revised our Company's long-term foreign and local currency issuer default ratings (IDRs) to "BB-" from "BB+" while affirming the outlook as "negative".